Aave Labs proposes sending 100% of protocol revenue to DAO in exchange for funding
Summary
Aave Labs has put forward a non-binding proposal, the "Aave Will Win Framework," to transfer 100% of revenue from Aave-branded products—including swap fees from v3/v4, frontend earnings, and future lines like Aave Card—to the Aave DAO treasury. This move aims to resolve ongoing tensions regarding ownership and benefit distribution between the R&D firm and the DAO, which previously escalated when Labs redirected swap fees to a private wallet. The proposal also includes spinning up a new Aave Foundation to hold trademarks and IP. In return for relinquishing revenue streams, Aave Labs is requesting substantial funding from the DAO, totaling $25 million in stablecoins and 75,000 AAVE, plus additional grants for specific product launches, arguing this secures the investment needed for future competitiveness. However, the proposal has already drawn criticism from influential DAO members, such as Marc Zeller of the Aave Chan Initiative, who views the request as an attempt to extract significant funds under the guise of a reasonable compromise.
(Source:The Block)